4 years ago

Uta invests an amount into a compound interest investment account that pays 6% a year. After six years, she withdraws her

Mathematics

1 answer:

irina [24]4 years ago

6 0

Answer:

$352.48

Step-by-step explanation:

500 = P(1+6/100)^6

500 = P(1.141851912)

P = 500 / 1.1418519112 = 352.48

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